(c) \_Mid-Life Condition\_. Upon return (i) the Airframe shall have remaining
not less than (aa) fifty percent (50%) of the available operating hours
allowed between major airframe inspections; and (bb) fifty percent (50%) of
the number of available operating months allowed between major airframe
inspections until the next scheduled major airframe inspection and (ii) all
life limited parts and components shall have remaining not less than fifty
percent (50%) of the available hours, cycles and/or months, as the case may
be, until the next scheduled replacement. In addition to the requirements set
forth in clauses (i) and (ii) above, all inspections and scheduled maintenance
required to be performed on the Airframe and Engines and all life limited
parts and components within one hundred twenty (120) days of the date of
return and/or one hundred (100) hours of additional operation shall have been
performed by Lessee.



(d) \_Airframe\_. If the Airframe does not comply with Section 1(c)(i) above,
Lessee shall pay to Lessor an amount equal to the sum of the product of the
current estimated cost of the next scheduled major airframe inspection
(including in such estimated cost, all required replacement of life limited
parts) multiplied by the fraction wherein the numerator shall be the greater
of (i) zero, and (ii) the difference between (x) the actual number of
respective operating hours or months of operation since previous major
airframe inspection, and (y) 50% of the respective total operating hours or
months of operation allowable between scheduled major airframe and pressure
vessel inspections, and the denominator shall be the respective total
operating hours or months of operation between scheduled major airframe
inspections.



RA-1



(Aircraft Lease MSN 42000181)